Paddy Power to axe hundreds of professional roles in Ireland

As many as 300 Paddy Power staff working in skilled roles across a range of departments are to lose their jobs as part the bookmaker’s €10bn merger with former rival Betfair.

It is understood that IT professionals are among those affected, as well as human resource and customer service staff.

None of the company’s retail stores will be affected by the job losses, however. The newly combined bookmakers business — Paddy Power Betfair — is said to be targeting areas of overlap between the two former rivals while also looking to consolidate its operations into a single location in both Ireland and the UK.